ST LUCIA
Apartment Report
Elliott Dean
0401 762 655
(07) 3162 4994 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au
Introduction
Sensational location in a well kept secure building, on the first floor and one of only 5 in the block. This apartment offers a care Dear Valued St Lucia Owners, Spring is almost upon us and well priced properties are selling fast, due to the low amount of stock available on the market. There has been a rapid influx of interstate and international buyers investing in Queensland property as they see value where locals may not. If you are thinking of selling, do so now to take advantage of the low number of properties on the market and the interstate and international interest in our Queensland real estate. In doing so, you will be certainly guaranteed a premium price for your property. Many of you may also be aware that banks are tightening up their lending criteria. If you are looking at buying or even investing in the next few months, it might be time to assess your current lending portfolio. Our highly experienced finance broker, Shin Luan can get you the best deal and put a structure in place that works for you in the next 12 months, two years or even five years. You may also have the opportunity to capitalise on refinancing with a lender who still allows a 90% Loan Valuation Ratio for investors. As banks continue to tighten their loan services, having a dedicated finance broker on your side can make all the difference. I hope you will enjoy reading through the insights provided in this Market Report. If you are looking to sell, Dean Property Team has launched a Video Series featuring useful tips to consider during the selling process - to find out more about these insights visit our @deanpropertyteam Facebook page! Yours sincerely,
Elliott Dean – Principal
Recent Sales Address
Sale Date
5/60 Mitre Street 8/42 Sir Fred Schonell Drive 19/72 Sandford Street 6/72 Mitre Street 3/80 Durham Street 2/24 Carmody Road 1/17 Armadale Street 6/77 Warren Street 6/72 Sandford Street 1/208 Carmody Road 8/127 Macquarie Street 18/15 Bellevue Terrace 20/26 Carr Street 7/66 Sisley Street 2/39 Raven Street
02/05/17 05/05/17 06/05/17 12/05/17 12/05/17 15/05/17 19/05/17 03/06/17 03/06/17 07/06/17 23/06/17 26/06/17 30/06/17 07/07/17 17/07/17
Summary 2 2 1 3 2 2 2 2 2 1 2 2 2 3 2
2 1 1 2 2 2 1 1 1 1 2 2 2 2 2
2 1 1 2 1 1 1 1 1 1 1 1 1 2 2
Sale Price $410,000 $385,000 $699,000 $393,000 $535,000 $415,000 $730,000 $345,000 $622,500 $415,000 $310,000 $412,500 $365,000 $539,000 Details Withheld
All data contained in this report has been sourced from Price Finder.
ST LUCIA
Elliott Dean
0401 762 655
(07) 3162 4994 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au
Sales Activity Statistics Fast Figures •
22 apartments have been sold in St Lucia over the past 3 months.
•
32 apartments in St Lucia are currently for sale.
•
The highest sale price for an apartment in St Lucia over the past 3 months was $730,000.
•
The lowest sale price for an apartment in St Lucia over the past 3 months was $310,000.
•
The median sale price for an apartment in St Lucia over the past 3 months was $415,000.
Sales 66%Insights of apartments sold in St Lucia during the past 3 months sold for over $400,000.
The average ‘Days on market’ for apartments sold in St Lucia is 77 days.
22% of apartments sold in St Lucia during the past 3 months sold for over $600,000.
Elliott Dean’s average ‘Days on market’ for apartments sold in St Lucia is 42 days.
The total value of apartments sales in St Lucia during the past 3 months is $9,999,000.
Sales results as per configuration: 3 Bedrooms = 24% 2 Bedrooms = 71% 1 Bedroom = 5%
All data contained in this report has been sourced from Price Finder.
ST LUCIA
Elliott Dean
0401 762 655
(07) 3162 4994 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au
Rental Insights
There are currently 109 apartments for rent in St Lucia.
An additional 126 bonds were lodged with the RTA for postcode 4067 during this quarter.
Median rental prices for St Lucia apartments during this quarter are as below: All data contained in this report has been sourced from Price Finder.
Bedrooms 1 2 3 4
Median Rent $320 $400 $500 $180
Giving Back At Dean Property Team, we believe in the importance of giving back and supporting good causes. That is why we support local charities that are making amazing differences in people’s lives. When you sell your home with Dean Property Team, we donate $150 from our commission to one of three charities. All you need to do is choose which charity we donate to.
So far this year, and with your help, Dean Property Team have donated over $3,000 to your chosen charities! ST LUCIA
Elliott Dean
0401 762 655
(07) 3162 4994 elliott@deanpropertyteam.com.au www.deanpropertyteam.com.au